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$625,000

Beds
2
Baths
2.0
sq ft
Unknown

640 Glen Iris Dr NE Unit 311, Atlanta, GA 30308

640 Glen Iris Dr NE Unit 311

Atlanta, GA 30308

  • Pending
Just seconds to the Beltline and Ponce City Market, this unit embodies the world of modern luxury and urban charm at Glen Iris Lofts, located at 640 Glen Iris Drive, Unit #311. This exceptional loft offers an unparalleled lifestyle in one of Atlanta’s most sought-after neighborhoods. Perfectly positioned across from the renowned Ponce City Market, the serene Historic Fourth Ward Park, and the bustling Eastside Trail of The Atlanta Beltline, this residence places you right in the heart of the city’s vibrant culture and endless amenities. Unit #311 is a stunning 2-bedroom, 2-bath loft that truly has it all. As you enter, you are immediately greeted by impressive 12-foot ceilings and character-rich exposed brick walls, creating a sense of grandeur and warmth. The expansive layout is flooded with natural light from the oversized casement windows, creating a bright, welcoming atmosphere throughout. Imagine unwinding on your rare oversized patio with sweeping views of Ponce City Market, a perfect oasis for entertaining or simply soaking in the city’s dynamic energy. The interior of this home is a harmonious blend of style and function. Immaculte hardwood floors lead you through a spacious, open floor plan designed for both relaxation and entertaining. The stunning kitchen is a chef's dream, featuring modern cabinetry, sleek countertops, and top-of-the-line appliances. A fresh, neutral paint palette sets the tone for a refined and sophisticated living experience, while ample storage, including built-in cabinetry, ensures all your belongings have a place. Beyond the walls of this beautiful loft, the Glen Iris community offers meticulously maintained grounds with lush landscaping that provides a tranquil retreat from the hustle and bustle of city life. Enjoy exclusive amenities such as a sparkling pool, a gated dog run for your furry friends, and ample visitor parking for your guests. For your convenience, Unit #311 includes two deeded covered parking spaces, providing easy and secure access to your home. Don't miss the chance to experience this unparalleled urban sanctuary surrounded by the best of the city right at your doorstep.

Details

Property type

Condominium

Est. home value

$549,560

Lot size

1,220 sq ft

Price per sq ft

Unknown

Year built

2001

Annual property taxes

$4,988

Monthly HOA fee

$611

Price History

09/26/2024
FMLS

FMLS #7445606

Pending
$625,000
09/04/2024
FMLS

FMLS #7445606

Listed
$625,000
+27.55%
05/17/2021
FMLS

FMLS #6869575

Sold
$490,000

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Gated, Street Lights, Restaurant

Number of units in community: 

110

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$142,996
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$432,004
Cash to seller
$142,996

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

May 2021

Original loan amount

$465,500

Est. remaining balance

$432,004

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Christopher White

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Pending/Under Contract

Tomo last checked: 11/03/2024 at 8:00 AM

Listing updated: 10/10/2024 at 4:20 AM

Listed by: Jared Sapp, Atlanta Fine Homes Sotheby's International Phone #: (404) 237-5000

MLS: FMLS #7445606

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